Member Info for Howey1927

Yes, Reggie. If you had 10,000,000@£1, that would become 100,000@£10. The result will be you still have £10,000,000 worth (market movements aside).

If anyone had that amount, they'd own the company but the numbers are neat!

Dave, at this stage either could be possible so both posts are valid!

Typo - many years.

Cbaron has been around in PANR (and 88e) for may years. We've not always seen eye to eye but he's no latecomer to this party!

Scam, a word of advice. IF (in capitals for no apparent reason) you are going to post a sarcastic message about the company and it's Chief Exec, it helps if you get the words in the right order. Also, a little bit of punctuation would help.

.,;:? are examples of punctuation.

Thank you for your time.

Indeed we do but surely the chances of catching a funders eye is increased by having a larger potential resource pool!

Not necessarily a bad thing for us though, filthy. A bit of propaganda to get interest building could help!

Anyone who believes that is this contributor's first post is deluded. Creating an account just to post that takes a certain type of 'investor'.

Chuditch reserve, as they described it!

That's a very positive message!

A brilliant read that should give everyone some comfort, if not excitement.

Thanks boom.boom!

Meadow, I can see why your a little cautious but when you about it, we began this whole funding discussion as a company worth less than £20m with a drill costing more. We had no real leverage so had to part with a chunk, thankfully to TL, with whom we have a good partner and we slashed our portion of drill costs to 28%. The CLNs, like it or not will fund our part of the drill but have reduced the MCap still further. When/if we prove the asset, we will have 25%+ of an asset worth billions. 25% of billions is to complicated for me to work out but it's significant. Someone, maybe a tall, dark Italian, will be interested in realising those billions. We just need to get this drill in the seabed and get this moving. GLA.

Meadow, do you not think the proof of $bns of gas might make others want to get involved?

Of course, this doesn't mean we need to wait 3 years to start production. We can start using FLNG facilities, realising the value of the asset until the pipeline is commissioned. Now TL have made it clear they are pressing ahead and they are majority owner of Chuditch, why wouldn't they move to production as quickly as possible, especially as revenues will help with the pipeline?

It appears Chuditch has surpassed Sunrise as TL's priority so all of this is superb news, for me.

GLA

you do realise you are a "faceless sprite", silver?

you have no interest in the "crappy little group" because you got kicked out, not through choice!

in the space of 7 minutes earlier you:

said it is dropping like a stone,

bragged about selling up,

****ged of the tg group,

then said you'd bought 10m shares.

are you ok?

Those new here may have noticed that Silverlight posts more nowadays. This is because he was kicked out of the Telegram group for constantly moaning about Sunda and then getting personal about other posters, whilst constantly claiming he sticks to share discussion.

Please feel free to listen to his views, to which he's entitled but his repeated reference to the Telegram group as somehow flawed because he got himself kicked out, no!

I fully expect him to call me a dangerous newbie again now.

GLA.

Forrest, it would make sense to place IF it's required.

Don't get dragged into the nonsense from certain individuals who are just trying to create uncertainty/smarting from bad investment choices!

All things Sunda have never been more certain. There are still risks but they are being picked off.

Filthy, the key message from that story is that Chuditch is the headline and not mentioned as part of a Greater Sunrise article. Coupled with Timor now willing to pay 72% of costs to get the drill done, it's simply a case of hitting the sweet spot!

Thank you Filthy, as always.

Who do you think liked that post?

Thankfully for TL, they have Chuditch to fall back on because Woodside would have dragged Sunrise out until TL had to give in to their Darwin demands. They also have their Louisiana project taking focus.

Perfect scenario for us and TL now. This our primary focus, low risk drill *, use FLNG to get the revenue flowing in and then invest in the pipeline.

Just my view but we are closer than ever, to what has been talked about for years.

Yours truly, Dangerous, excitable newbie from the TG group!

* As low as you could expect but there

are risks, obviously.

Squirrels, also at a point where money is the tightest it's likely to be. The $16m or so deferred to TL is great for us in the short term but also further cements TL's commitment to getting it done.